The catalyst handling service market is projected to reach USD 732 million by 2028, at a CAGR of 4.5% from USD 588 million in 2023. The market growth is driven by influencing factors such as stringent environmental regulations, and focus on energy efficiency and cost optimization.
The Catalyst Handling Services market in Asia Pacific is experiencing significant growth, expected to continue in the forecast period. Countries like India and China are investing in industrial development, fueling demand for catalyst handling services. The region’s rapid industrial growth, expanding refining and petrochemical activities, and increasing demand for efficient catalyst management solutions in the energy sector are key drivers.
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The key global players in the catalyst handling service market include Anabeeb (Saudi Arabia), Mourik (Netharlands), Cat Tech International (UK), CR 3 (Thailand), Technivac (UK), Catalyst Handling Resources (US), Dickinson Group of Companies (South Africa), Buchen-ICS (Germany), Kanooz Industrial Services (Saudi Arabia), and Group Peeters (Belgium)are the key players in the catalyst handling service market. These companies are strong in their home region and explore geographic diversification alternatives to grow their businesses. They focus on increasing their market shares through new service launches and other expansions.
Anabeeb
ANABEEB is a major player in brownfield construction and turnaround services including mechanical works, catalyst handling, and pre-commissioning services. The company offers more than 50 service items to its clients including planning services for their shutdown and maintenance. It operates through seven business segments: plant turnaround unit, chemical solutions unit, manufacturing & production unit, flare & chimney unit, on-site maintenance unit, scaffolding service unit, and pipeline division unit. The company offers catalyst handling services under the industrial services business segment. It has a presence in Saudi Arabia, Qatar, the UAE, Oman, and Kuwait
The company has partnerships with Mourik, Unidense, CTP Environment Group, FEOL, TubeMaster, ZymeFlow, and America Trade.
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Mourik
Mourik is a multinational company with several subsidiaries across the world. The company operates through two business divisions, infra division and industry division. Infrastructure, industrial, and non-residential construction, industrial services, catalyst handling, environmental technology, project development, plastic-to-chemicals plants, and process installations are the core competencies of the company. The company offers industrial services, industrial construction, preservation, total tank care, and environment technology-related products and services through its industrial division. Catalyst handling services are offered under the industrial services division. The company has established its presence in 31 countries globally and is emphasizing expanding its geographical presence through partnerships. Mourik has established branches in Europe and North America, and partnerships in APAC and the Middle East & Africa. It has undertaken several catalyst handling projects across the world. The company works for government authorities, industries and the private sector in the countries of these regions. Their catalyst handling services cater specifically to the refining, petrochemical, pharmaceutical, agrochemical, processing, and food industries. With a diverse client portfolio, Mourik offers specialized expertise and solutions tailored to the unique requirements of each sector. By providing efficient catalyst handling services, they support the optimization of industrial processes, ensuring compliance with regulations and industry standards.
The company emphasizes growth through industrial collaborations with external partners, and innovations in technology, process, and equipment. It has strengthened its position in catalyst handling through continuous innovations, such as the introduction of M-Lift and the M-Lance technologies for catalyst change-out. Moreover, it focuses on carrying out multidisciplinary projects that lead to complete end-to-end propositions and offer better asset performance, maximum uptime, and optimum return to their client.
The company operates 26 production sites and 52 sales offices across Europe, Asia Pacific, North America, South America, Middle East & Africa. They serve their customers with a portfolio of 3,200 products in around 100 countries.
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